Stronger cost , higher PA6 price (5.6-5.14)

1、 Price trend:


According to the data of the bulk list of business agencies, the market trend of PA6 in the first ten days of May was positive, and the spot prices of various brands increased. As of May 14, the main offer price of traders for Zhongzhu 2.75-2.85 was about 11366.67 yuan / ton, up 9.65% from the average price at the beginning of the month.



2、 Analysis of influencing factors:


In terms of caprolactam upstream of PA6, caprolactam market rose due to tight spot supply. The average ex factory price of caprolactam liquid in China on May 14 was 9833 yuan / ton, up 8.46% a week, according to the data in the bulk list of business associations. Boosted by the rise of crude oil and foreign market, the focus of domestic pure benzene market is stronger. Sinopec raised the listing price of pure benzene and the price of pure benzene rose steadily. At present, the supply of caprolactam in China is tight, there are few spot products, and the enterprises are actively pricing up. In addition, the price of caprolactam continues to rise due to the rising price of raw materials. As part of the enterprise equipment is about to restart, the supply side will ease, and it is expected that the caprolactam market will fluctuate at a high level in the short term.


3、 Future forecast:


Business analysts think: PA6 market in China rose strongly in early May, and the spot prices of various brands rose. The supply of upstream caprolactam is reduced, and PA6 cost end is strongly supported. Downstream demand is still weak, PA6 consumption speed improvement is limited, and actual transaction is not good. PA6 market is expected to adjust in a narrow range in the near future.